Virginia Medical Group Management Assosciation

Organization Overview

Virginia Medical Group Management Assosciation is located in Sandston, VA. The organization was established in 1998. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2021, Virginia Medical Group Management Assosciation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Medical Group Management Assosciation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Virginia Medical Group Management Assosciation generated $159.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $173.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE VIRGINIA MGMA IS TO ADVANCE MEDICAL PRACTICE MANAGEMENT, SO AS TO IMPROVE THE DELIVERY OF HEALTHCARE. A KEY ELEMENT IN ACHIEVING THIS GOAL IS EDUCATION. THE VIRGINIA MGMA IS WELL-RESPECTED FOR ITS HIGH- QUALITY CONTINUING EDUCATIONAL PROGRAMS HELD REGULARLY, IN CITIES THROUGHOUT THE COMMONWEALTH. WE OFFER HEALTH CARE MANAGERS A FORUM FOR ADDRESSING ISSUES RELATED TO THE HEALTHCARE INDUSTRY AND PROVIDE NETWORKING AND CONTINUING EDUCATION OPPORTUNITIES TO MEMBERS, THEREBY IMPROVING MANAGEMENT IN MEDICAL PRACTICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VMGMA IS COMMITTED TO ASSISTING HEALTH CARE PROFESSIONALS SUCCEED IN PRACTICE MANAGEMENT THROUGH ENHANCING THEIR KNOWLEDGE AND SKILLS WHILE EXPANDING THEIR CONTACT WITH FELLOW MEMBERS AND ASSOCIATES.


VMGMA IS COMMITTED TO ASSISTING HEALTH CARE PROFESSIONALS SUCCEED IN PRACTICE MANAGEMENT THROUGH ENHANCING THEIR KNOWLEDGE AND SKILLS WHILE EXPANDING THEIR CONTACT WITH FELLOW MEMBERS AND ASSOCIATES.


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Board, Officers & Key Employees

Name (title)Compensation
Jack Morana
Treasurer
$0
Maribeth Culbertson
President/se
$0
Donna Diaz
Vice Preside
$0
Alka Kumar
Board Member
$0
Della Collins
Board Member
$0
Katie Nunn
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$158,067
Investment income $799
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $159,466

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